Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: Edward W. Richmond who wrote (632)	2/9/1999 1:55:00 PM
From: Cameron Schuler	Read Replies (3) of 1208

NEWS RELEASE CALGARY, AB February 9, 1999 SHARES OUTSTANDING 13,930,978 FOR IMMEDIATE RELEASE TCT REACHES DISTRIBUTION AGREEMENT WITH WHOLESALE DISTRIBUTOR Thermal Control Technologies Corp. (ASE:TCT NASD OTC PINK SHEETS:TCTCF) is pleased to announce that it has established a distribution agreement with Pacific Truck and Trailer for the sale of TCT's Charge Air Coolers throughout Pacific's extensive parts distribution network in Western Canada. Pacific operates in all four Western Canadian Provinces and the management of TCT feels that this development is yet another positive step in gaining market acceptance and increased product sales. The Commerce and Economic Development Commission (which has been established to provide assistance for business retention, relocation and expansion in the State of Arizona) of the Arizona Department of Commerce has awarded a low interest loan to TCT in the amount of U$500,000. These funds will be used in connection with manufacturing equipment previously purchased for TCT's Prescott manufacturing facility. Interest charged on the loan will be 3% for years 1 and 2, 5% for years 3 and 4 and 7% for the remaining three years. This low interest loan is an example of the advantages and incentives enjoyed by Thermal Control Technologies Corp. in their relocation to Prescott, Arizona. TCT is a manufacturer of advanced heat exchange equipment for sale and distribution into the automotive, heavy duty truck and industrial equipment, agricultural and marine engine aftermarkets. TCT's major product is a line of revolutionary charge air coolers for aftermarket installation on Class 8 heavy-duty trucks and on buses. TCT is also an OEM supplier of complete cooling systems to heavy-duty trucking and industrial manufacturers. For further information please contact Blaine Maller, President & CEO or Cameron D. Schuler, CIM FCSI, Director of Corporate Communications at 1-800-230-6061 or visit TCT's web site at tct.ca. On behalf of the Board of Directors of Thermal Control Technologies Corp. Blaine Maller President & CEO SEC File Number 82-4280 THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN

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